Browsing: insurance premiums

Colorado has introduced legislation requiring insurance companies to consider homeowners’ wildfire mitigation efforts when determining premiums, potentially lowering insurance costs.

Thailand’s insurance industry is growing increasingly cautious about electric vehicle (EV) insurance as a Chinese EV manufacturer operating in Thailand faces potential bankruptcy, raising concerns about rising liabilities and repair costs.

Louisiana homeowners facing rising insurance premiums can take proactive steps to make their homes more insurable and potentially lower their insurance costs.

Rising insurance premiums have moved insurance costs to the fourth-largest financial worry for Kiwis, trailing only housing, groceries, and debt, according to Consumer NZ’s latest data.

U.S. homeowners face significant increases in insurance costs, with premiums rising 21% from 2021 to 2023, driven by natural disasters, construction costs, and higher claim payouts.

As wildfires become more frequent and severe, Idaho homeowners are seeing their insurance premiums rise, with some insurers pulling out of high-risk areas

New report from Rate Insurance LLC highlights significant increases in home insurance premiums for 2025, with national average annual premium rising to $2,072, a 20% increase from 2023.

New report reveals Florida has the second highest average home insurance premiums in the US, with homeowners paying an average of $5,400 annually

The property insurance market has stabilized after years of volatility, but natural disasters and inflation continue to pose significant challenges. Experts emphasize the need for proactive, data-driven risk management strategies.

Florida homeowners face some of the highest home insurance premiums in the country, second only to Nebraska, with average annual costs of $5,400.